Darci Oathout
Gloversville,NY
Summary
Dynamic finance professional with extensive experience as a Controller, excelling in cash flow management and regulatory compliance. Proven track record in optimizing month-end closings and mentoring staff, enhancing team performance. Adept at preparing financial statements and implementing internal controls to drive operational efficiency. Possesses versatile skills in project management, problem-solving, and collaboration. Brings fresh perspective and strong commitment to quality and success. Recognized for adaptability and proactive approach in delivering effective solutions.
Professional with deep experience in mergers and acquisitions, skilled at financial analysis, strategic planning, and due diligence. Known for strong focus on team collaboration and achieving results, adaptable to changing requirements. Reliable, with expertise in negotiation, risk assessment, and stakeholder communication. Demonstrates critical thinking and problem-solving abilities, ensuring successful outcomes.
Overview
27
27
years of professional experience
Work History
Controller
Century Linen & Uniform
Gloversville, NY
08.2016 - Current
- Preparation of consolidated financial reports for $100m private equity company with 6 different divisions.
- Analyze financial data for effective decision-making
- Supporting budget development through data collection and organization
- Managed audits to ensure compliance with regulations; external, 401k, insurance
- Collaborating with team members on process improvements and efficiencies
- Utilizing accounting software for transaction recording and reporting including new software integration of ERP system and payroll program.
- Documenting financial procedures to enhance internal controls
- Adapting quickly to new tools and systems within the finance department
- Responsible for journal entries, reconciliations, and account analysis to prepare monthly, quarterly and yearly financial documents and general account management.
- Responsible for payroll data entry and processing for 900+ employees to comply with predetermined company guidelines.
- Provide treasury and cash management by overseeing reconciliation of banking activity, credit card processing, and sales tax returns.
- Prepare accurate, efficient, and compliant completion of monthly consolidated financial reporting packages.
- Mentor junior staff members, fostering a positive work environment conducive to professional growth and development.
- Ensure compliance with tax regulations by managing the timely preparation and filing of all required returns.
- Reduced month-end closing time by optimizing reconciliation procedures and improving collaboration between departments.
- Streamlined annual audit process, working closely with external auditors to ensure accurate representation of company''s financial position.
- Assisted budgeting process, aligning departmental budgets with organizational goals and monitoring performance against targets.
- Played key role in strategic planning sessions, offering insights based on financial analysis and projections.
- Reduced operational costs, renegotiating contracts with key suppliers and optimizing inventory levels.
Controller
Utech Properties
Schenectady, NY
12.2013 - 08.2016
- Ensured compliance with federal, state, and local regulatory requirements by staying updated on changes in financial laws and standards.
- Implemented controls to safeguard against financial misstatement and fraud, enhancing reliability of financial reporting.
- Improved cash flow management with rigorous monitoring and analysis of receivables and payables.
- Managed budgets, assets, portfolios, accounts payable, and receivable and general financial reporting procedures.
- Worked with both internal and external users to create detailed financial reports.
- Prepared balance sheets, cash flow reports and income statements.
- Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
- Managed international accounting functions, ensuring compliance with local regulations and seamless integration into the corporate financial structure.
Senior Accountant
WEST & Company CPA's PC
Gloversville, NY
08.2009 - 12.2013
- Developed and implemented strategic tax planning initiatives to optimize client liabilities.
- Mentored junior accountants, enhancing team performance and fostering professional development.
- Analyzed complex financial data to deliver actionable insights for clients' business decisions.
- Played an integral role in managing complex multi-state tax compliance matters, reducing overall tax liabilities for clients.
- Advised clients on best practices for financial management within their specific industries, improving overall operational efficiency.
- Led client engagements in public accounting services, fostering long-term relationships built on trust and expertise.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Prepared and filed federal and state tax returns for individuals and corporations.
- Analyzed complex financial data to ensure compliance with tax regulations.
- Reviewed client financial statements to identify potential tax-saving opportunities.
- Performed tasks under limited supervision related to income tax compliance such as returns, extensions, forecasts and tax provisions for business sectors and corporate heritage business units.
- Reduced risk of IRS audits for clients by meticulously reviewing and verifying all tax documents before submission.
- Optimized tax strategies for multinational corporations, navigating intricate international tax regulations to minimize liabilities.
Accounting Positions
Various CPA Firms and Private Companies
08.1998 - 08.2009
- Skilled at working independently and collaboratively in a team environment.
- Self-motivated, with a strong sense of personal responsibility.
- Worked effectively in fast-paced environments.
- Assisted with day-to-day operations, working efficiently and productively with all team members.
- Accepted cash payments, adjusted balances and submitted records to accounting.
- Used accounting software to prepare weekly and monthly financial reports.
- Implemented new accounting software that streamlined bookkeeping processes and improved data integrity.
Education
Bachelor's Degree - Accounting
Siena College
Loudonville, NY12.2002
Associates - Business Administration
Fulton Montgomery Community College
Johnstown, NY03.2000
Skills
- Payroll processing
- Preparing and forecasting financial statements
- Staff management
- Audit preparation
- Regulatory compliance
- Internal controls development
- Month-end and year-end closings
- Multitasking Abilities
- Time management
- Excellent communication
- Problem-solving abilities
- Mergers and acquisitions
- Software development lifecycle
- Project planning and development
Additional Information
Netsuite Oracle
QuickBooks
Salesforce
Dynamic Great Plains
Microsoft applications
Timeline
Controller
Century Linen & Uniform
08.2016 - Current
Controller
Utech Properties
12.2013 - 08.2016
Senior Accountant
WEST & Company CPA's PC
08.2009 - 12.2013
Accounting Positions
Various CPA Firms and Private Companies
08.1998 - 08.2009
Bachelor's Degree - Accounting
Siena College
Associates - Business Administration
Fulton Montgomery Community College